Did you know that if someone were to simply pocket a business card handed to them by a Japanese executive or forget it into their meeting place, their mutual business would probably be over for good? Or that the United Kingdom has the longest tax code in the world and it is packed with written and unwritten laws to trip up the entrepreneur?
If you have some mighty business ideas that will most likely be held back by the borders of your home country, come and study the fine nuances of International Business Administration!
The curriculum of International Business Administration provides students with the knowledge of essential functionalities of international companies: management, marketing, logistics, accounting, and financial management.
As your future course mates are from different countries, you will get to know about different cultures and hone your English language skills. All the teaching is carried out in English and comprises lectures and practical seminars. Several classes are read by guest professors working in their field. Students will also visit different companies.
After acquiring fundamental business knowledge, students are free to specialise in either marketing, finance, accounting and business intelligence, and entrepreneurship and management.
Specialisation in marketing:
In marketing, you will learn the basics of the field and get to know different theoretical viewpoints. You will see how to increase the competitive advantages of an international company with the help of marketing. You will learn ways to manage marketing, e-marketing, consumer behaviour, market research and planning, and marketing communication. The world of marketing has extensively evolved in complexity with the advances of new technology. How do you know if a product, service or message stands out to a particular audience? You do Market Research.
What is content marketing? Who uses Search Engine Optimisation (SEO) and buys ad spaces on popular keywords? What is direct marketing, database marketing, social media marketing, and guerrilla marketing? The list goes on and on. A Marketing specialisation will help equip you with the foundational knowledge and training needed to succeed in reaching target customers.
Specialisation in finance:
If you select this field of study, you will learn how to comprehend business in financial terms. You will learn to interpret the information in a company’s financial report and to make meaningful and productive managerial decisions based on it. You will get acquainted with the basic terms and theories of financial management and finance in general. You will gain knowledge of financing, investments, cash flow, and risk management and how to implement these ideas in practice.
Specialisation in accounting and business intelligence:
In accounting and business intelligence, you will get to know the foundations of analyzing securities and factors that shape the value of a company. You will learn various methods of analyzing financial data and summarising and reporting your findings. You will also learn the legal framework behind accounting and taxation, principles of management and cost accounting, financial analysis, and business intelligence.
Specialisation in entrepreneurship and management:
This specialisation combines knowledge and skills for starting your own enterprise or managing an already existing one. You will learn about start-up entrepreneurship and innovation as well as get acquainted with management and leadership, personnel management, project management and functioning principles of different companies. You will develop a profound understanding of entrepreneurial behaviour and your own entrepreneurial intentions, of solving conflicts, negotiating, and motivating others.
Secondary school diploma or equivalent
In order to qualify for the studies at Tallinn University of Technology, an applicant has to have at least 60% of the highest possible CGPA.
Please include the following:
Describe your professional goals. How does the International Business Administration program support your professional life? Which of the specialisations is particularly beneficial in pursuing your professional goals? Why do you want to study in Estonia and at the TalTech School of Business and Governance?
Do you work or study? For how long have you been working and what have been your tasks? What kind of education have you completed or are acquiring at the moment? How many years have passed since your last training course at school, university, etc.? Have you any other academic achievements, i.e. participating in contests or Olympiads? Describe your language skills.
Describe your experiences, knowledge, and skills related to business. Have you taken part in any school projects, competitions, online courses, lectures or read on your own books, articles, followed newspapers on the topic? Have you worked in a family business or created your own start-up?
Describe your international experiences. Have you studied, worked or lived abroad or travelled to foreign countries? What have you learned from these experiences?
What are your interests and social activities?
NB! It is important to properly cite and reference any sources used in your motivation letter (quotations, publications, ideas, etc. that are not your own). Neglecting the rules of referencing and citation is considered plagiarism and will result in the disqualification of your application.
Positive scale: 5-10 points to qualify for the test and interview
Moodle online test is to evaluate candidate's secondary school mathematics. The test covers the following themes and subjects: numbers and rules of calculation, algebraic skills, standard functions, equations and inequalities, systems of equations, systems of inequalities, calculus, probability and statistics, derivatives, derivatives applications. You have 2 hours to complete the test consisting of 10 questions. It is required to collect at least 5 points out of 10 to qualify for the interview
Candidates who have successfully passed the test will be invited to the interview. An interview will be based on the information provided in the motivation letter and the results of the math test.
During the interview the following aspects will be evaluated:
Motivation and reasons for choosing the program and university, future career plans.
Overview of the program and readiness to learn.
Knowledge, skills, and experiences (business, mathematics, English).
Working and/or studying, achievements and interests.
Duration of the interview is approximately 20 minutes.
Students for TalTech international study programmes are admitted based on the admission threshold. First, all candidates are invited to take an online test. Then, an online interview will be conducted only with the candidates who have passed the online test. The online interview is based on the information you have provided in the motivation letter. The maximum score for the motivation letter and online interview is 10 points. An applicant who receives a minimum of 5 points is admitted.
Please note that although there are no formal subject prerequisites, we assume that you have passed Mathematics subject at the high school level.
In the global economy, companies become heavily interdependent in their commercial activities. Talented people, who can understand the specifics of international business and can integrate supply chain elements from different corners of the world, are in high demand.
Who will you become after graduation?
TalTech's School of Business and Governance prepares managers and specialists with extensive knowledge of economy and business for international companies and the public sector. Therefore, you will have the prerequisites to work in the field of marketing, finance, accounting and human resources of international companies all over the world. A strong international marketing background also gives you the opportunity to find a job in export management. You can, of course, start your own company and determine its development yourself. There is also always the possibility to continue business education at the master’s level and to specialise even more in your chosen field of studies.
International auditing firms
Ernst & Young
"The reason I came to study in TalTech was the fact that this university provides a truly innovative, friendly and international environment. As a person who comes from trilingual family background and lived most of her life abroad, I have always been very impressed with how much care and effort the university puts in the education and wellbeing of its international students. After finishing my bachelor degree, I went to Germany for a year to start with my master’s degree. However, I had to realize very soon that I missed the motivating learning environment that TalTech offers so I made a decision to move back to Tallinn to start with my MBA degree and continue working as the Head of International Affairs of United Nations Association Estonia." - Juliane Jokinen, (Finland)